Stock Market, Business, and Investing General - News, Tips, etc

  • 🐕 I am attempting to get the site runnning as fast as possible. If you are experiencing slow page load times, please report it.
On god I woke up with my account value doubled from ~100k to ~200k. Sold a bit to cover my buy in but I'm a greedy little piglet and I need to see how this ends.
 
Yes, Rivian makes negative money on each car sold, and the electic car market is currently fully saturated.
I heard about that, but the CEO has been talking about production costs becoming neutral in Q4. I was more thinking the movement in their work/delivery vans. 100k bought with Amazon and DHL is running a pilot program.
 
  • Horrifying
Reactions: SangeAndYasha
I have bought ETF which has in basket Vanguard and Blackrock investment funds. I do also have pension plan that focus on treasury bonds in 60% and rest in stock market. The return of the latter is ~25% after 5 years but considering CPI I have roughly lost ~3,5%. Loss would be even more significant if I would rather keeping it on saving account with abysmal interest rate of 0,5% or 1%. I did some calculations with ChatGPT whether I should change the fund but the loss of around ~30% of my money due to conversion of mutual funds share is too much for me.

I had some stock shares and made insignificant amount of money but I don't have time nor have the ability to properly play in that field. I prefer paying the operational cost to some guy with a tie.
 
  • Like
Reactions: Beige and NoReturn
If I were a gambling man, I'd buy puts on NVDA. The run up to earnings is going to result in expectations being way too high.
Short of NVDA crashing and burning from hr/beancounter retards or the AI bubble bursting, I think it'll be a good 10 year run.

AMD isn't in any place to catch up on ROCm since nobody uses it and it's hard to unseat the incumbent
Intel still can't get head out of ass even with Gelsinger.
Apple can challenge if they want to but CUDA issue again
Huawei is going to be constrained to countries like Russia/China/DPRK/Iran who hate the US and don't trust them. Third world shitholes can't afford/don't have the stability for DC.
 
Short of NVDA crashing and burning from hr/beancounter retards or the AI bubble bursting, I think it'll be a good 10 year run.

AMD isn't in any place to catch up on ROCm since nobody uses it and it's hard to unseat the incumbent
Intel still can't get head out of ass even with Gelsinger.
Apple can challenge if they want to but CUDA issue again
Huawei is going to be constrained to countries like Russia/China/DPRK/Iran who hate the US and don't trust them. Third world shitholes can't afford/don't have the stability for DC.
Yeah, I couldn't have been more wrong in my post in hindsight lol. Good thing I didn't buy puts
 
Ah yes, the company that has failed to slow down the move from physical to digital sales, still runs at operating losses after years of retards on reddit coping that it's undervalued. Definitely not a sure fire way to end up on the receiving end of a slow burn down.

In all seriousness unless your willing to and understand that you're much more likely to lose any money invested in GME than x3 you money off the backs of redditors (probably years down the line might I add) then you should avoid that shit like the plague.
 
Im not getting involved with the GME stuff this round, I got out ahead and bought myself a nice monitor when he started posting on Xitter a few weeks ago.

But seriously good luck to anyone who gambles this time!
 
  • DRINK!
Reactions: WTBOnlineFather
In all seriousness unless your willing to and understand that you're much more likely to lose any money invested in GME than x3 you money off the backs of redditors (probably years down the line might I add) then you should avoid that shit like the plague.
It's basically the stock equivalent of a crypto moonshot meme. You shouldn't invest anything you aren't prepared to lose in any case though.
 
image_2024-06-03_094311012.png


Now's your chance to buy the dip, lads.
 
Back